Capital expenditures continued COMMITMENTS
48. COMMITMENTS
continuedb. Borrowings and other credit facilities
i The Company has Rp.190,000 million and Rp.60,000 million bank guarantee facility with BNI and Bank Mandiri, respectively. The facilities expire on March 31, 2010 and December 23, 2011, respectively. As of the issuance date of the consolidated financial statements, the extension of bank guarantee facility from BNI is still on process. Under these facilities, as of March 31, 2011, the Company has issued a bank guarantee of Rp.118,829 million and US0.10 million equivalent to Rp.900 million from BNI and Rp.46,127 million and US0.05 million equivalent to Rp.442 million from Bank Mandiri for tender guarantee, performance bond, security deposit, and advances for the Company’s project. ii Telkomsel has a US3 million bond and bank guarantee, standby letter of credit facility and foreign exchange facility with SCB, Jakarta. The facilities expire on July 31, 2011. Under these facilities, as of March 31, 2011, Telkomsel has issued a bank guarantee of Rp.20,000 million equivalent to US2.3 million for a 3G performance bond Note 48c.i. The bank guarantee is valid until March 24, 2012.c. Others
i With reference to the Decision Letter No. 07PerM.KOMINFO22006 and No. 268KEPM.KOMINFO92009 of the MoCI Notes 1d.a and 2j, Telkomsel amongst other commitments, is required to: 3G license 1. Pay annual BHP fee which is determined based on a certain formula over the license term 10 years. The BHP for the sixth year of the former license was paid in March 2011 and the BHP for the second year of the additional license was paid in September 2010 Note 13iii. The commitments arising from the BHP as of March 31, 2011 and up to the expiry period of the license using the formula set forth in the Decision Letter are as follows: Radio Frequency Usage Tariff Year BI rates Index multiplier Former License Additional License 1 - - 20 x HL 100 x HL 2 R1 I1 = 1 + R1 40 x I1 x HL 100 x I1 x HL 3 R2 I2 = I11 + R2 60 x I2 x HL 100 x I2 x HL 4 R3 I3 = I21 + R3 100 x I3 x HL 100 x I3 x HL 5 R4 I4 = I31 + R4 130 x I4 x HL 100 x I4 x HL 6 R5 I5 = I41 + R5 130 x I5 x HL 100 x I5 x HL 7 R6 I6 = I51 + R6 130 x I6 x HL 100 x I6 x HL 8 R7 I7 = I61 + R7 130 x I7 x HL 100 x I7 x HL 9 R8 I8 = I71 + R8 130 x I8 x HL 100 x I8 x HL 10 R9 I9 = I81 + R9 130 x I9 x HL 100 x I9 x HL PERUSAHAAN PERSEROAN PERSERO P.T. TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS continued DECEMBER 31, 2010 AUDITED AND MARCH 31, 2011 UNAUDITED AND THREE MONTHS PERIOD ENDED MARCH 31, 2010 AND 2011 UNAUDITED Figures in tables are presented in millions of Rupiah, unless otherwise stated 11948. COMMITMENTS
Parts
» GENERAL a. Establishment and general information
» GENERAL continued a. Establishment and general information continued
» Public offering of securities of the Company
» GENERAL continued d. Subsidiaries continued
» Authorization of the consolidated financial statements
» Basis of preparation of financial statements
» Transactions with related parties
» Acquisitions of subsidiaries SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
» SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued
» Inventories SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued
» Prepaid expenses SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued
» SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued j.
» Joint Operation Schemes “Kerja Sama Operasi” or “KSO”
» Revenue and expense recognition
» Revenue and expense recognition continued Employee benefits
» SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued q. Employee benefits continued
» Income tax Financial instruments
» SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued s. Financial instruments continued
» Dividends SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued s. Financial instruments continued
» Earnings per share and earnings per ADS
» TRANSLATION OF RUPIAH INTO UNITED STATES DOLLARS
» ACQUISITIONS OF AD MEDIKA CASH AND CASH EQUIVALENTS December 31, March 31,
» CASH AND CASH EQUIVALENTS continued December 31, March 31,
» CASH AND CASH EQUIVALENTS continued December 31, March 31, TRADE RECEIVABLES
» TRADE RECEIVABLES continued FS Telkom Q1 2011
» INVENTORIES December 31, March 31, FS Telkom Q1 2011
» ADVANCES AND PREPAID EXPENSES December 31, March 31,
» PSN LONG-TERM INVESTMENTS continued
» LONG-TERM INVESTMENTS continued viii. Bangtelindo
» PROPERTY, PLANT AND EQUIPMENT continued PROPERTY, PLANT AND EQUIPMENT continued
» PROPERTY, PLANT AND EQUIPMENT continued
» ADVANCES AND OTHER NON-CURRENT ASSETS continued
» GOODWILL AND OTHER INTANGIBLE ASSETS continued
» TRADE PAYABLES December 31, March 31, ACCRUED EXPENSES December 31, March 31,
» UNEARNED INCOME December 31, March 31,
» SHORT-TERM BANK LOANS continued
» MATURITIES OF LONG-TERM LIABILITIES
» MATURITIES OF LONG-TERM LIABILITIES continued
» TWO-STEP LOANS continued FS Telkom Q1 2011
» BANK LOANS BANK LOANS continued
» BANK LOANS continued FS Telkom Q1 2011
» DEFERRED CONSIDERATION FOR BUSINESS COMBINATIONS continued December 31, March 31,
» NON-CONTROLING INTEREST December 31, March 31,
» CAPITAL STOCK ADDITIONAL PAID-IN CAPITAL December 31, March 31,
» TREASURY STOCK TELEPHONE REVENUES 2010
» TELEPHONE REVENUES FS Telkom Q1 2011
» NETWORK REVENUES 2010 FS Telkom Q1 2011
» OPERATIONS, MAINTENANCE AND TELECOMMUNICATION SERVICES EXPENSES 2010
» INTERCONNECTION EXPENSES 2010 FS Telkom Q1 2011
» TAXATION TAXATION FS Telkom Q1 2011
» CASH DIVIDENDS AND GENERAL RESERVE
» Pension PENSION AND OTHER POST-RETIREMENT BENEFITS December 31, March 31,
» Pension continued PENSION AND OTHER POST-RETIREMENT BENEFITS
» Other post-retirement benefits PENSION AND OTHER POST-RETIREMENT BENEFITS
» POST-RETIREMENT HEALTH CARE BENEFITS
» Government POST-RETIREMENT HEALTH CARE BENEFITS
» Government continued RELATED PARTY TRANSACTIONS
» Commissioners and Directors remuneration Indosat
» Indosat continued RELATED PARTY TRANSACTIONS
» Indosat RELATED PARTY TRANSACTIONS
» Others RELATED PARTY TRANSACTIONS
» Others Cash and cash equivalents
» Temporary investments RELATED PARTY TRANSACTIONS
» Trade receivables - net Note 6
» 100,459 Advances and other non-current
» i. Advances and other non-current
» Trade payables RELATED PARTY TRANSACTIONS
» k. RELATED PARTY TRANSACTIONS
» o. RELATED PARTY TRANSACTIONS
» SEGMENT INFORMATION FS Telkom Q1 2011
» REVENUE-SHARING ARRANGEMENTS “RSA” FS Telkom Q1 2011
» Mobile cellular telephone tariffs Interconnection tariffs
» Interconnection tariffs TELECOMMUNICATIONS SERVICES TARIFFS
» Network lease tariff TELECOMMUNICATIONS SERVICES TARIFFS
» COMMITMENTS a. Capital expenditures
» Capital expenditures continued COMMITMENTS
» Borrowings and other credit facilities Others
» CONTINGENCIES FS Telkom Q1 2011
» ASSETS AND LIABILITIES DENOMINATED IN FOREIGN CURRENCIES
» FINANCIAL ASSETS AND LIABILITIES
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